Axis Momentum Fund Direct Growth

Axis Momentum Fund Direct Growth

Equity

Equity - Other

NAV as on 29-04-2025

₹ 8.82

▲0.9%

1D

Inception Returns

-12.2%

/yr

Historical NAV & Returns

Absolute
▲
▼

zero opening, trading, fund transfer fee
1481 people have invested ₹ 33.3L in Axis Momentum Fund Direct Growth in the last three months

About Axis Momentum Fund Direct Growth

Axis Momentum Fund Direct Growth is an equity fund. This fund was started on 12 December, 2024. The fund is managed by . The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Axis Momentum Fund Direct Growth has ₹1234 Cr worth of assets under management (AUM) as on Mar 2025 and is less than category average.
  2. The fund has an expense ratio 0.5.

Returns

Axis Momentum Fund Direct Growth has given a CAGR return of -12.20% since inception.

Holdings

Axis Momentum Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Tech, Health, Consumer Cyclical, Communication, Basic Materials, Consumer Defensive, Industrial, Energy, Real Estate, Utilities. Its top holdings are ICICI Bank Ltd, Bharti Airtel Ltd, BSE Ltd, Mahindra & Mahindra Ltd, Divi's Laboratories Ltd

Taxation

As it is a equity - other mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

Investment objective of Axis Momentum Fund Direct Growth

The Scheme aims to provide long-term capital growth from an actively managed diversified portfolio of equity & equity-related securities of companies that exhibit strong momentum. The selection of securities will be based on a quantitative model that will aim to maximize momentum exposure based on various parameters. There is no assurance that the investment objective of the scheme will be achieved.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 500.00. Axis Momentum Fund Direct Growth has no lock in period.

Axis Momentum Fund Direct Growth Overview

Expense ratio0.5%
Benchmark
Nifty 500 TR INR
AUM₹1234 Cr
Inception Date12 December, 2024
Min Lumpsum/SIP₹100/₹500
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
0%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

Trailing Returns

as on (29-Apr-25)

Period
Axis Momentum Fund Direct Growth
Nifty 500
equity - other
1M
4.5%
4.5%
-
3M
4.9%
3.2%
-

Fund Distribution

as on (31-Mar-25)

  • Equity 91.8%

  • Debt & Cash 8.2%

Large cap
43.9%
Mid cap
30.7%
Small cap
17.3%
Sector Allocation

Mar'25

Feb'25

Jan'25

Dec'24

Nov'24

Oct'24

Financial Services
28.7%
Tech
23.8%
Health
8.6%
Consumer Cyclical
8.6%
Communication
8.1%
Basic Materials
5.7%
Consumer Defensive
4.8%
Industrial
4.5%
Energy
3.6%
Real Estate
2.9%
Utilities
0.7%

  • Equity

Holdings
Weight%
1M Change
ICICI Bank Ltd
ICICI Bank Ltd
8.79%
0%
Bharti Airtel Ltd
Bharti Airtel Ltd
6.28%
0%
BSE Ltd
BSE Ltd
4.38%
33.5%
Mahindra & Mahindra Ltd
Mahindra & Mahindra Ltd
4.02%
728.5%
Divi's Laboratories Ltd
Divi's Laboratories Ltd
3.86%
0%
See all

  • Returns %

  • Fund Ratios

  • Overview

Funds
1Y Returns
3Y Returns
5Y Returns
Since Inception
Axis Momentum Fund Direct Growth
Axis Momentum Fund Direct Growth
-
-
-
-12.2%
Sundaram Services Direct Growth
Sundaram Services Direct Growth
17.91%
19%
29.6%
21.5%
ICICI Prudential India Opportunities Fund Direct Growth
ICICI Prudential India Opportunities Fund Direct Growth
15.43%
24.31%
35.97%
23.21%
ICICI Prudential Business Cycle Fund Direct Growth
ICICI Prudential Business Cycle Fund Direct Growth
11.51%
22.27%
-
23.18%
See all

  • Gainers

  • Losers

Top Growth Drivers
1M Return
BSE Ltd
BSE Ltd
20.1%
ICICI Bank Ltd
ICICI Bank Ltd
8.4%
Bharti Airtel Ltd
Bharti Airtel Ltd
5.7%
Fund
Mar'25
Feb'25
Jan'25
No of Holdings
42
43
47
Top 5 Company Concentration
27.3%
25.3%
24.3%
Company having highest exposure
ICICI Bank Ltd (8.8%)
ICICI Bank Ltd (8.4%)
ICICI Bank Ltd (8%)
No of Sectors
11
11
11
Top 5 Sectors Concentration
77.8%
76%
76.5%
Sector having highest exposure
Financial Services (28.7%)
Financial Services (25%)
Financial Services (24.3%)
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Fund House
Axis Asset Management Company Limited
Total Schemes
73
See all Axis schemes
Total AUM
₹3.08L Cr
as on 31-Mar-2025
Address
Axis Asset Management Company Ltd.,Axis House, 1st Floor, C-2, Wadia International Centre,,Pandurang Budhkar Marg, Worli,
Phone
+912243255161
Website
customerservice@axismf.com

Axis Momentum Fund Direct Growth Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
Fund Allocations

Fund Allocations

This fund has an allocation of 91.85% in Equity, 0% in Debt and 8.15% in Cash related instruments
AUM size ₹1234 Cr

AUM size ₹1234 Cr

This fund has AUM of ₹1234 Cr which is less than its category average of ₹ 2034 Cr
Expense Ratio 0.5%

Expense Ratio 0.5%

This fund has an expense ratio of 0.5% which is less than its category average expense ratio of 1.31%

More funds from Axis

Frequently Asked Questions for Axis Momentum Fund Direct Growth

The current NAV of Axis Momentum Fund Direct Growth is ₹8.82 as on 29-Apr-2025.
Existing (Absolute + CAGR) as on 29-Apr-2025.
Axis Momentum Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
4.52%
4.52%
6 Month Returns
0%
0%
1 Year Returns
0%
0%
3 Years Returns
0%
0%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.5% as on March 2025
₹1234 Cr as on March 2025
ICICI Bank Ltd(8.79%), Bharti Airtel Ltd(6.28%), BSE Ltd(4.38%), Mahindra & Mahindra Ltd(4.02%), Divi's Laboratories Ltd(3.86%) as on March 2025
Financial Services(26.38%), Tech(21.89%), Health(7.92%) as on March 2025
The alpha ratio for the Axis Momentum Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Axis Momentum Fund Direct Growth
-
-
-
As on March 2025
The alpha for Axis Momentum Fund Direct Growth is calculated against Nifty 500 TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the Axis Momentum Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Axis Momentum Fund Direct Growth
-
-
-
As on March 2025
The Beta for Axis Momentum Fund Direct Growth is calculated with Nifty 500 TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the Axis Momentum Fund Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
Axis Momentum Fund Direct Growth
-
-
-
As on March 2025
The sharpe ratio for Axis Momentum Fund Direct Growth is calculated with Nifty 500 TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the Axis Momentum Fund Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
Axis Momentum Fund Direct Growth
-
-
-
As on March 2025
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
The Exit load of Axis Momentum Fund Direct Growth is 1%